Uber Signs 7-Year Deal with Oracle for its Cloud Infrastructure

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Oracle and Uber Technologies have announced a strategic cloud relationship that will last for seven years and will have the goals of accelerating Uber’s innovation, assisting in the delivery of new products to market, and driving higher profitability.

As Uber continues to expand into new areas, it is becoming more critical for the company to concentrate its resources on the core competencies that it has and the strategic goals that it has set. Uber will be in a position to upgrade its cloud infrastructure while also expediting its road to profitability if it moves some of the most important workloads of the firm to Oracle Cloud Infrastructure (OCI).

“Uber is revolutionizing the way people, products, and services move across continents and through cities,” said Dara Khosrowshahi, CEO at Uber. “To deliver on that promise for customers while building value for shareholders, we needed a cloud provider that will help us maximize innovation while reducing our overall infrastructure costs. Oracle provides an ideal combination of price, performance, flexibility, and security to help us deliver incredible customer service, build new products, and increase profitability.”

Uber for Business

Dara Khosrowshahi, CEO at Uber
“We needed a cloud provider that will help us maximize innovation while reducing our overall infrastructure costs,” said Dara Khosrowshahi, CEO at Uber.

Oracle Cloud Infrastructure’s newly formed strategic alliance with Uber would serve as tremendous reinforcement of the company’s overall strategy and product vision. Customers would expect infrastructure that is flexible and offers the best in class in terms of pricing and performance wherever it is deployed around the globe. Uber is now able to take use of these features, which are available via OCI.

“Uber is expanding into a ‘go anywhere, get anything’ platform, and the company needed a cloud partner that shares a relentless focus on innovation,” said Safra Catz, CEO at Oracle. “This landmark competitive win for OCI is further validation of the momentum and acceleration we are experiencing in the market. Enterprises, governments, and startups around the world are recognizing the differentiation of Oracle Cloud Infrastructure and experiencing our performance, security, and economic benefits versus other hyperscalers.”

The strategic alliance between the two corporations encompasses a variety of different areas in which the two organizations will work together in addition to the OCI agreement. Oracle is going to become a worldwide Uber for Business customer, and the company has decided that its workers would use Uber as their preferred transportation service whenever they travel or dine anywhere on the globe.

Additionally, Uber and Oracle will continue to collaborate on the development of new retail and delivery solutions as a natural outgrowth of their cloud cooperation. These solutions will focus on improving customer experiences with last-mile logistics.